Hilarious: Dodgers resign Dreifort
by 3Com Park on Dec 13, 2009 1:59 PM PST
29 comments
Great post over at True Blue LA. The headline is
Dodgers Announce Darren Dreifort Signing at $3m discount
The gist of the article is that deferred payments to former players over the next five years are just about the same as the entire amount of the worthless 5 year/$55 millioin Dreifort signing in 2001.
The Dodgers are in serious trouble until they find new ownership.
A list of the amounts owed below the jump.
Andruw Jones $16 million (He certainly delivered value on that contract)
Jason Schmidt $5.3 million (Ha! The gift that keeps on giving)
Manny Ramirez $25 million (Whoo Hoo!)
Deferred signing bonuses to various players $6 million
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Bitchin
Matt Cain: throwing complete game shutouts since 06'. No big deal.
by cain1rstballothof on Dec 13, 2009 2:09 PM PST reply actions
This bothers me. Now will the Giants try and race to bottom again thinking a 83 win team would win the division?
Who’s brain did you bring me?
Brain SabeanOranother.
Dumpster divin'
Tommy Joseph is the Dingerzball Wizard
by SoFa King Mike on Dec 13, 2009 2:37 PM PST up reply actions
The Giants Way!
Matt Cain: throwing complete game shutouts since 06'. No big deal.
by cain1rstballothof on Dec 13, 2009 2:48 PM PST up reply actions
man, 11 and 12 are going to kill them. They might have to trade some arb players just to save money
2010: $7,530,000
Andruw Jones: $3,200,000 (deferred salary)
Nomar Garciaparra: $1,125,000 (deferred signing bonus)
Jason Schmidt: $2,625,000 (deferred signing bonus)
Will Ohman: $200,000 (option buyout)
Orlando Hudson: $380,000 (deferred signing bonus)
2011: $14,158,333
Andruw Jones: $3,200,000 (deferred salary)
Jason Schmidt: $2,625,000 (deferred signing bonus)
Manny Ramirez: $8,333,333 (deferred salary)
2012: $15,658,333
Andruw Jones: $3,200,000 (deferred salary)
Manny Ramirez: $8,333,333 (deferred salary)
Casey Blake: $1,125,000 (option buyout)
Rafael Furcal: $3,000,000 (deferred signing bonus)
2013: $11,533,333
Andruw Jones: $3,200,000 (deferred salary)
Manny Ramirez: $8,333,333 (deferred salary)
2014: $3,200,000
Andruw Jones: $3,200,000 (deferred salary)
Total: $52,079,999 over 5 years
say hey nation is the Ralph Nader of McC.-Xanthan
This reminds me of the cap hell the Niners got themselves into.
Juan Carlos Perez, please start hitting.
isn't pierre on the payroll for 2010 and 2011
for a pretty hefty amount also ?
Are the GIants done paying for BLB and Benitez’s deferred salaries?
Giant Dirtbags: John Bowker, Steve Hammond. MIA List: Todd Jennings, Brian Anderson
Jeremy Affeldt induces DP's
by Giant among Angels on Dec 13, 2009 4:08 PM PST reply actions
I’d imagine we are done with Benitez. I think Barry had some personal services contract for like 10 or 15 years. I don’t know if you want to count that, but he’s still getting paid $5 million a year, I think.
Juan Carlos Perez, please start hitting.
But BLB brought/brings revenue to the team.
say hey nation is the Ralph Nader of McC.-Xanthan
by say hey nation on Dec 14, 2009 6:28 AM PST up reply actions
brings?
hmmm
Giants pitching coach Dave Righetti. "I treat Timmy differently from most pitchers: I leave him alone."
"I sometimes still can get insider info and I am not a dumb or average fan.
Molina is needed."
by natteringnabob on Dec 14, 2009 7:15 AM PST up reply actions
MERCHANDISING!
say hey nation is the Ralph Nader of McC.-Xanthan
by say hey nation on Dec 14, 2009 7:17 AM PST up reply actions
Andruw Jones is one of my new faves, taking that dodger money like he’s post to.
Matt Cain: throwing complete game shutouts since 06'. No big deal.
by cain1rstballothof on Dec 13, 2009 4:25 PM PST reply actions
Like he’s what?
"I don’t know why people feel the need to come up with reasons 'why' for everything..." - Missing Barry
by victor frankenstein on Dec 14, 2009 9:04 AM PST up reply actions
Good soldier
Matt Cain: throwing complete game shutouts since 06'. No big deal.
by cain1rstballothof on Dec 14, 2009 9:17 AM PST up reply actions
I’m still pretty sure the money is budgeted in earlier years though, so it’s basically already been set aside and not impacting their present decisions….
I think that is only deferred bonus money. I’m not sure about deferred salaries.
say hey nation is the Ralph Nader of McC.-Xanthan
by say hey nation on Dec 14, 2009 6:29 AM PST up reply actions
I don’t that’s correct and it probably will have an impact. I remember in the case of Andruw Jones specifically that they couldn’t afford to sign Ramirez unless they re-structured his deal to save them money in the short term. Of course i assume that there’s quite often cases of deferred money and so some expectation of deferred money is probably accounted for in addition to the major league budget (along with draft bonuses, other costs, etc)
Proud parent of Waldis Joaquin!
The man point of deferred money (bonus, b/c they are kept and fully funded at the time) is interest and inflation.
say hey nation is the Ralph Nader of McC.-Xanthan
by say hey nation on Dec 14, 2009 7:55 AM PST up reply actions
Well, other teams may do it differently but I feel like I’ve ready about Sabean discussing this issue specifically (probably talking about Bonds deferred money), saying they budget it in the year it’s “earned”, so essentially it’s set aside until it’s owed.
by Missing Barry on Dec 14, 2009 7:56 AM PST up reply actions
Yeah, It’ll depend on the situation and how you deal with the monies. I think you’re right that we probably do it that way in those cases, and the Dodgers may do the same with theirs. In the case Jones i don’t think that’s the case but i have no idea about the others (i suspect it might be the same for Ramirez but not for the others)
Proud parent of Waldis Joaquin!
Makes me feel a little better about Zito's gigantic contract
At least he has won 31 games for the Giants in 3 seasons (still not worth the $$$ though) while Schmidt and Jones were/will be collecting money NOT playing for LA.
Win the inning.
If Zito makes the rest of his starts for the next four years that would actually be pretty good. Still overpriced, but there is definitely some sort of value to not missing a start.
by positiveuphemism on Dec 14, 2009 9:29 PM PST up reply actions
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